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Channel Infrastructure NZ (NZSE:CHI) Gross Margin % : 93.65% (As of Dec. 2023)


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What is Channel Infrastructure NZ Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Channel Infrastructure NZ's Gross Profit for the six months ended in Dec. 2023 was NZ$65.1 Mil. Channel Infrastructure NZ's Revenue for the six months ended in Dec. 2023 was NZ$69.5 Mil. Therefore, Channel Infrastructure NZ's Gross Margin % for the quarter that ended in Dec. 2023 was 93.65%.


The historical rank and industry rank for Channel Infrastructure NZ's Gross Margin % or its related term are showing as below:

NZSE:CHI' s Gross Margin % Range Over the Past 10 Years
Min: 53.41   Med: 72.05   Max: 95.56
Current: 93.46


During the past 13 years, the highest Gross Margin % of Channel Infrastructure NZ was 95.56%. The lowest was 53.41%. And the median was 72.05%.

NZSE:CHI's Gross Margin % is ranked better than
97.95% of 929 companies
in the Oil & Gas industry
Industry Median: 27.83 vs NZSE:CHI: 93.46

Channel Infrastructure NZ had a gross margin of 93.65% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Channel Infrastructure NZ was 10.00% per year.


Channel Infrastructure NZ Gross Margin % Historical Data

The historical data trend for Channel Infrastructure NZ's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Channel Infrastructure NZ Gross Margin % Chart

Channel Infrastructure NZ Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.29 53.41 58.07 95.56 93.46

Channel Infrastructure NZ Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.99 94.68 95.97 93.25 93.65

Competitive Comparison of Channel Infrastructure NZ's Gross Margin %

For the Oil & Gas Refining & Marketing subindustry, Channel Infrastructure NZ's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Channel Infrastructure NZ's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Channel Infrastructure NZ's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Channel Infrastructure NZ's Gross Margin % falls into.



Channel Infrastructure NZ Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Channel Infrastructure NZ's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=122.2 / 130.703
=(Revenue - Cost of Goods Sold) / Revenue
=(130.703 - 8.546) / 130.703
=93.46 %

Channel Infrastructure NZ's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=65.1 / 69.531
=(Revenue - Cost of Goods Sold) / Revenue
=(69.531 - 4.416) / 69.531
=93.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Channel Infrastructure NZ  (NZSE:CHI) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Channel Infrastructure NZ had a gross margin of 93.65% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Channel Infrastructure NZ Gross Margin % Related Terms

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Channel Infrastructure NZ (NZSE:CHI) Business Description

Traded in Other Exchanges
Address
Private Bag 9024, Ruakaka, Whangarei, NTL, NZL, 0148
Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers.

Channel Infrastructure NZ (NZSE:CHI) Headlines